Neighborhood Sun, a Maryland Public Benefit Corp, completed it’s Reg CF raise on Wefunder last week raising $930k. The raise almost reached the current maximum 12-month offer limit of $1,07M. This raise shows how companies can use this new capital raising tool. Reg CF allows innovative companies to incorporate existing and future customers as investors. Neighborhood Sun is also contributing to the momentum Reg CF showed last year. And with the SEC implementing new rules on March 15 companies will have even more Reg CF opportunities.
Disclaimer: Jossey PLLC performed paid legal services for this raise.